Warren Buffett Expands Bets on Japan By Upping Stakes in Trading Companies
- Warren Buffett's Berkshire Hathaway is increasing its ownership stake in five major Japanese trading houses.
- Berkshire Hathaway has increased its stake in five Japanese trading firms to 8.5% as the Japanese economy has rebounded.
- The trading house sector was the best performer on the Topix’s industry sub-indexes as the Chinese economic downturn has made Japan an attractive market for investors.
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- Berkshire Hathaway Inc. is based in Omaha, Nebraska.